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Direct Deposit Authorisation Letter
"I need a Direct Deposit Authorisation Letter for my new employer to deposit my monthly salary into two separate bank accounts, with 70% going to my main account and 30% to my savings account, starting from January 2025."
1. Account Holder Information: Full name, address, and contact details of the account holder
2. Bank Account Details: Account number, sort code, bank name and branch
3. Authorization Statement: Clear statement authorizing direct deposits
4. Payment Details: Frequency, amount (if fixed), or nature of deposits
5. Signature Block: Space for signature, date, and printed name
1. Cancellation Terms: Terms for cancelling the authorization, used when ongoing deposits are planned
2. Multiple Account Details: When deposits need to be split between accounts
3. Third Party Authorization: When someone other than the account holder is authorizing deposits
1. Void Cheque: Copy of voided cheque to verify account details
2. Bank Statement: Recent bank statement showing account details
3. ID Verification: Copies of identification documents if required by bank
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